Belgium

Issing, Euro 12 govts must speed up reform in 2002

BELGIUM - Euro-zone governments should take advantage of this year's economic recovery and speed up structural reforms shelved last year owing to the downturn, European Central Bank chief economist and executive board member Otmar Issing said Tuesday.

New Middle East development bank proposed

BELGIUM - The European Commission will on Wednesday unveil proposals for a new development bank for Mediterranean and Middle East countries amid a debate over the European Union's political and economic role in the region.

Quaden - Rates appropriate for foreseeable future

BELGIUM - The euro-zone economy has bottomed out and recovery should start in the second half of this year, with some countries seeing a rebound already in the second quarter, European Central Bank governing council member Guy Quaden said Tuesday.

Shortlist narrows for vice-presidency of ECB

BELGIUM - The field of candidates for one of Europe's top policymaking posts, the European Central Bank's vice-presidency, narrowed yesterday after a potential front-runner from Belgium declared himself unavailable for the job.

Speech by Governor of the National Bank of Belgium

SPEECH - Speech by Guy Quaden, Governor of the National Bank of Belgium in Ottawa, 30 November. In the speech titled 'The Monetary Policy of the European Central Bank and the Economic outlook in the Euro Area' Guy Quaden said that the introduction of…

Luxembourg's secret euro plan

LUXEMBOURG - Luxembourg was prepared to break up its monetary union with Belgium at the height of the crisis in Europe's exchange rate mechanism (ERM) in 1993, the country's prime minister has revealed.

Euro preparations are "catching up":Duisenberg

Belgium - Wim Duisenberg, the European Central Bank president, speaking at the European Union's Committee of the Regions yesterday said that small and medium-sized enterprises (SMEs) were "rapidly catching up" in time for Euro-day when notes and coins…

Litas banknotes well protected - experts

LITHUANIA - The Lithuanian national currency banknotes have more security features than the new E.U. currency, the euro, the central Bank of Lithuania said following visit by experts from the National Bank of Belgium.

Belgian bank to start coin-collecting soon

BELGIUM - The Belgian National Bank (BNB) and the Belgian General Commission for the euro will launch a coin-collecting operation from October 15, 2001 to November 15, 2001, during which Belgians will be able to exchange coins for euro.

An anxious countdown to new euro cash

BELGIUM - BELGIUM - In two weeks, thousands of armoured trucks will fan out across Europe to start supplying banks with crisp bills and shiny coins denominated in euros, the single continental currency that will replace the German mark, the French franc…

Survey on the Introduction of the Euro

RESEARCH - The National Bank of Belgium is conducting a new survey among enterprises concerning the introduction of the euro. The object of this survey is to assess their degree of preparedness for the changeover to the single currency and to evaluate…

Stock mkt performance of the Belgium central bank

ARTICLE - Lawrence Goldberg from the University of Miami and Rezaul Kabir from University of Tilburg have written an article "The Stock Market Performance of the Central Bank of Belgium". The purpose of this paper is to examine the stock market valuation…

Reynders says he not pushing for a 'Mr Euro'

Belgian Finance Minister Didier Reynders said on Mar 12, 2001 he was not pushing to create a "Mr or Mrs Euro" to speak for the common currency and that controversal reform of the Eurogroup had been put on hold.

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